Wendell Potter

DOJ takes on health insurers for price-fixing

In a significant move, the DOJ filed a “statement of interest” in federal court this week, siding with hundreds of physicians who accuse top insurers and a firm formerly known as MultiPlan —...

Project 2025: A plan to destroy Medicare quickly

Project 2025 proposes to make private Medicare plans, also known as Medicare Advantage (MA) plans, the default enrollment option for beneficiaries. Similar to Trump-era programs that automatically...

Medicare Advantage: The numbers speak volumes

The Center for Health and Democracy put together these facts illustrating the high cost we pay for Medicare Advantage, both financially and physically. In Medicare Advantage, our taxpayer dollars are...

How big insurers please Wall Street’s investors

The big for-profit insurers made more than $40 billion in profits during the first six months of this year but Wall Street doesn’t consider that nearly enough. Investors have been shifting money...

Big insurer earnings total $1.25 trillion in 2022

Big Insurance revenues and profits have increased by 300% and 287% respectively since 2012 due to explosive growth in the companies’ pharmacy benefit management (PBM) businesses and the Medicare...

Medicare is new cash cow for insurers

In a move generally ignored by most media outlets, the Biden administration this week made the shareholders of a small number of for-profit health insurers much richer. As I’ve noted many times in...